Across
- 1. the GDP not adjusted for inflation
- 3. the combination of invention and innovation
- 7. focuses on economic decisions of individuals, households, and businesses.
- 9. the total value of final goods and services produced in the economy during a given period.
- 10. includes the plants, equipment, and infrastructure operating in an economy.
Down
- 2. the ‘big picture’ of economics.
- 4. includes the accumulated knowledge, skills, and expertise possessed by the average worker in an economy.
- 5. real GDP falls for two consecutive quarters
- 6. the GDP adjusted for inflation
- 8. The total value of a nation’s production of goods and services